Switch 2 Nature Incense Limited
About Switch 2 Nature Incense Limited
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Switch 2 Nature Incense Limited is a public limited company based in Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U20232DL2012PLC244689. Its GSTIN is 29AASCS2500C1ZH (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as S P Jindal Commodities Limited and Bigthink Portfolio Limited. It is led by directors including Aashish Bhardwaj and Ramvir Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No. Pvt – 74 Kh No.48/25, First Floor Blk – R – 1 Budh Vihar Village Pooth Kalan Ph – 1, Delhi, India – 110086.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.59 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6,466 (net margin 0.7%) and EBITDA of ₹8,738 (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 154% over three years and 107% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressHouse No. Pvt – 74 Kh No.48/25, First Floor Blk – R – 1 Budh Vihar Village Pooth Kalan Ph – 1, Delhi, India – 110086
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Switch 2 Nature Incense Limited
The main business activity of Switch 2 Nature Incense is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Switch 2 Nature Incense Limited FY 2024 filings available
Switch 2 Nature Incense Limited reported revenue of ₹9.59 Lakh (up 4148% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Switch 2 Nature Incense Limited
Revenue has grown at a compounded annual rate (CAGR) of 107% over five years. EBITDA rose 249% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Switch 2 Nature Incense Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8,738 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6,466 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Switch 2 Nature Incense Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Switch 2 Nature Incense are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Switch 2 Nature Incense Limited
Switch 2 Nature Incense Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Health and Beauty Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tradelinx Exports Private Limited | ₹9.75 Lakh (FY 2024) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
| Modern Herbals Private Limited. | ₹9.74 Lakh (FY 2022) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Jain Alloymark India Private Limited | ₹9.69 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| As Organised Business Solutions Private Limited | ₹9.62 Lakh (FY 2019) | •••• | •••• | •••• | Delhi, India | |
| Fvefrenz Pharmaceutical Private Limited | ₹9.6 Lakh (FY 2019) | •••• | •••• | 30.0% | •••• | Udaipur, Rajasthan, India |
| Switch 2 Nature Incense Limited this company | ₹9.59 Lakh (FY 2024) | •••• | •••• | 4148.0% | •••• | Delhi, India |
| Nahira ( Cosmetic) Enterprises Private Limited | ₹9.59 Lakh (FY 2018) | •••• | •••• | -84.0% | •••• | Mumbai, Maharashtra, India |
| Grandura Agencies Private Limited | ₹9.53 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Agarwoods India Cosmetics and Perfumes Private Limited | ₹9.26 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Malappuram, Kerala, India |
| Fortune Pharmaceuticals Private Limited | ₹9.18 Lakh (FY 2020) | •••• | •••• | -70.0% | •••• | Kolkata, West Bengal, India |
| Nuqina Private Limited | ₹9.05 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Switch 2 Nature Incense by revenue in the Consumer Products industry (Health and Beauty Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Switch 2 Nature Incense Limited
Switch 2 Nature Incense has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Bhardwaj | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Ramvir Sharma | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Fakir Mohan Raut Also directs: Vyom Infotech Solutions Private Limited | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
Charges & Borrowings of Switch 2 Nature Incense Limited
Switch 2 Nature Incense Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Switch 2 Nature Incense Limited
Employment history and EPFO contributions of people linked to Switch 2 Nature Incense.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Switch 2 Nature Incense Limited
Switch 2 Nature Incense has undergone 3 name changes throughout its history. The company was previously known as S P Jindal Commodities Limited, Bigthink Portfolio Limited, and Switch 2 Nature Incense Limited. The current legal name is Switch 2 Nature Incense Limited.
| Company Name | Status |
|---|---|
| Switch 2 Nature Incense Limited | Current |
| S P Jindal Commodities Limited | Previous |
| Bigthink Portfolio Limited | Previous |
CIN History of Switch 2 Nature Incense Limited
Switch 2 Nature Incense has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20232DL2012PLC244689, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20232DL2012PLC244689 | Current |
| U67190DL2012PLC244689 | Previous |
| U74110DL2012PLC244689 | Previous |
Recent Activity on Switch 2 Nature Incense Limited
Switch 2 Nature Incense Limited has 21 board changes on record since 2014: 3 appointments and 18 cessations. The latest: Aashish Bhardwaj ceased to be Additional Director on 29 Sep 2023.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Switch 2 Nature Incense Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Switch 2 Nature Incense Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Switch 2 Nature Incense Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Switch 2 Nature Incense Limited
Switch 2 Nature Incense has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCS2500C1ZH | Karnataka | Active | 27 Oct 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Switch 2 Nature Incense Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Switch 2 Nature Incense Limited
Switch 2 Nature Incense is an active public limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 November 2012 (14+ years old) and is registered under CIN U20232DL2012PLC244689.
Switch 2 Nature Incense reported revenue of ₹9.59 Lakh for FY 2024 (up 4148% YoY).
Switch 2 Nature Incense has 3 current directors:
- Aashish Bhardwaj - Director
- Ramvir Sharma - Director
- Fakir Mohan Raut - Director
Switch 2 Nature Incense reported a net profit of ₹6,466 (net margin 0.7%) and EBITDA of ₹8,738 (EBITDA margin 0.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Switch 2 Nature Incense is 154% over three years and 107% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Switch 2 Nature Incense is 29AASCS2500C1ZH, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Switch 2 Nature Incense is U20232DL2012PLC244689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Switch 2 Nature Incense was incorporated on 08 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Switch 2 Nature Incense by revenue are Tradelinx Exports Private Limited, Modern Herbals Private Limited, Jain Alloymark India Private Limited, As Organised Business Solutions Private Limited, Fvefrenz Pharmaceutical Private Limited and 5 more, all in the Consumer Products industry (Health and Beauty Retail and Distribution).
Aashish Bhardwaj ceased to be Additional Director on 29 Sep 2023. Fakir Mohan Raut ceased to be Additional Director on 29 Sep 2023. Ramvir Sharma ceased to be Additional Director on 29 Sep 2023. Switch 2 Nature Incense has 21 board changes on record in total.
The registered office of Switch 2 Nature Incense is at House No. Pvt – 74 Kh No.4825, First Floor Blk – R – 1 Budh Vihar Village Pooth Kalan Ph – 1, Delhi, India – 110086.